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Which is true about net capital losses? b) Short-term capital losses must be netted with short-term capital gains d) Long-term capital losses are not allowed

Which is true about net capital losses?

b) Short-term capital losses must be netted with short-term capital gains

d) Long-term capital losses are not allowed for private taxpayers

a) they can be used against ordinary income maximum of $3,000 per year

c) Long-term capital losses must be netted with earned income

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